Barbados has launched the Bridgetown Initiative 3.0, a comprehensive strategy aimed at transforming the global financial system to better serve climate-vulnerable nations. The initiative seeks to generate $1 trillion in new funding, largely through taxing major carbon emitters and the super-wealthy, to combat the pressing challenges of climate change, debt, and inequality. Announced on September 27,...
The Caribbean is experiencing a robust revival in tourism, with Barbados emerging as a key leader alongside Cuba, Puerto Rico, Jamaica, and St. Lucia. These islands are revitalizing the region’s appeal through a mix of rising hotel occupancy rates, new airline routes, and a booming cruise industry, positioning the Caribbean as one of the world’s most sought-after destinations in 2024. Barbados: The...
Barbados is embracing the challenge of boosting population growth as a vital step towards securing its economic future and attracting new investments. Senator Chad Blackman, Minister of Economic Affairs, highlighted the country’s potential during the National Transfer Accounts Capacity Building Workshop, hosted by the Government of Barbados, the United Nations Population Fund (UNFPA), and the United...
The Caribbean nations offering Citizenship by Investment (CBI) programs have once again cemented their dominance in the global migration industry, as evidenced by the latest 2024 CBI Index. For the fourth consecutive year, St Kitts and Nevis has been named the top-ranking nation, securing an impressive score of 84%. Other Caribbean nations, including Dominica (80%), Grenada (77%), Saint Lucia (74%), and...
Barbados is now part of the Kinesis Free Accelerator programme, a new initiative designed to enhance the growth and sustainability of startups with social and environmental impact across Latin America and the Caribbean. The programme, funded by USAID and operated by Agora Partnerships, was recently launched during an interactive event. Kinesis operates across several countries, including Chile,...
From the tranquil shores of Barbados to the crystal-clear waters of the Bahamas and Turks and Caicos, a wave of luxury developments is reshaping the Caribbean. These residences not only promise unrivaled beauty but also emphasize wellness and ease, offering the perfect balance of relaxation and modern amenities. Here’s a look at some high-end projects redefining Caribbean living—whether for...
A group of 82 hospitality professionals from Barbados, including general managers and human resource staff, successfully completed a series of intensive workshops aimed at enhancing guest services. Sponsored by the Sandals Foundation and organized by the Caribbean Hotel & Tourism Association Education Foundation (CHTAEF), the workshops took place at Island Inn and marked the first post-pandemic visit...
Barbados is experiencing a major boost in its tourism sector as hotels and resorts undergo extensive renovations and rebranding efforts to enhance the island's appeal throughout the year. The Barbados Hotel and Tourism Association (BHTA) reports a transformation in the island’s tourism landscape aimed at attracting visitors year-round. Ryan Forde, BHTA Chief Executive Officer, highlighted the...
The Barbadian government is addressing long-standing concerns about the ease of doing business in the country with several new initiatives, according to Minister of Energy and Business, Senator Lisa Cummins. During the launch of Global Business Week 2024, Senator Cummins outlined key strategies aimed at simplifying business processes, modernizing outdated legislation, and making the island more...
Amid growing concerns about rising temperatures on the island, Solar Dynamics Ltd., a long-established renewable energy company in Barbados, has introduced a cost-effective solution to combat the sweltering heat: solar-powered air conditioning units. Known for its innovative solar water heating systems since 1974, Solar Dynamics continues to expand its portfolio with these new sustainable cooling...